Ex-SocGen Exec Asks 2nd Circ. To Deep-Six Libor Case

Law360, New York (September 3, 2020, 11:19 PM EDT) -- A former Societe Generale SA executive accused of rigging the Paris bank's submissions to the London Interbank Offered Rate on Thursday asked the Second Circuit to undo a lower court's "unwarranted expansion of the Fugitive Disentitlement Doctrine."

French national Muriel Bescond, a former head of SocGen's Paris treasury desk, is accused with her former colleague Danielle Sindzingre, SocGen's global head of treasury, of reporting the bank's lending rates as lower than they actually were between May 2010 and October 2011 to "avoid anticipated reputational harm" for the lender.

Bescond and Sindzingre, who reside in France, have not appeared in New York...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!